US President Donald Trump and Chinese leader Xi Jinping have agreed to restart trade talks. The US also confirmed it would not slap additional tariffs on Chinese exports for now.
Chinese President Xi Jinping and US President Donald Trump on Saturday agreed to resume trade talks, following a high-stakes meeting on the sidelines of the G20 summit in the Japanese city of Osaka.
Trump said his meeting with Xi was "excellent" and that "we're right back on track," adding that the US was "going to work with China where we left off."
Washington has agreed not to slap new tariffs on Chinese exports "for at least the time being," while China will buy more US agricultural products, Trump confirmed at a news conference, corroborating earlier reports from China.
The planned levies on an additional $300 billion (€263 billion) worth of Chinese goods would have effectively extended tariffs to everything China exports to the US.